Business

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Bank of England under pressure to increase interest rates after inflation rise
Increase to 4.2% in October from 3.1% driven by squeeze on living standards and soaring energy bills

Richard Partington Economics correspondent

17, Nov, 2021 @5:19 PM

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House of Fraser to close London flagship store in January
Shift away from retail on Oxford Street continues, with department store served notice by landlord

Sarah Butler

17, Nov, 2021 @4:50 PM

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Backlogged LA port struggles to implement 24/7 schedules: ‘We’ve had very few takers’
Promise of round-the-clock operations remains unfulfilled but fines for containers left at docks are helping to clear the way

Guardian staff and agencies

17, Nov, 2021 @4:16 PM

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Convenience shop chain McColl’s gives profit warning amid supply problems
Retailer, which also runs Morrisons Daily, forecasts £7m slide due to external factors including product and driver shortages

Sarah Butler

17, Nov, 2021 @3:24 PM

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‘There is nothing that hasn’t gone up’: how rising costs are hitting UK businesses
As inflation hits 10-year high, Covid-hit sectors are sounding the alarm on spiralling prices

Jasper Jolly, Joanna Partridge, Sarah Butler and Gwyn Topham

17, Nov, 2021 @12:51 PM

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SSE to invest billions more in green power as it rejects break-up call
FTSE 100 energy firm defies call to split off renewables business with extra £1bn of green investments every year to 2026

Jillian Ambrose Energy correspondent

17, Nov, 2021 @12:46 PM

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British Land to turn car parks into hubs for same-day delivery firms
Property company will also use empty shopping centres for the urban distribution sites

Joanna Partridge

17, Nov, 2021 @10:40 AM

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Bank of England interest rate decision still on a knife-edge despite rise in inflation
Analysis: an increase would do nothing to alter the course of rising prices

Phillip Inman

17, Nov, 2021 @9:56 AM

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LV= might want to ease up on talk of Royal London ‘hand grenades’
Bain’s £530m offer may stack up for board but the mutual’s 1.2m policyholders get the final say

Nils Pratley

16, Nov, 2021 @7:38 PM

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Mr Kipling sets sights on US market after exceedingly good trial in Canada
British brand owned by Premier Foods will head to stateside in January despite overall slide in sales and profits

Sarah Butler

16, Nov, 2021 @7:04 PM

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Nord Stream 2 certification suspended; Security probe into Nvidia’s Arm deal launched;– as it happened
Rolling coverage of the latest economic and financial news, including the latest UK jobs report

Graeme Wearden

16, Nov, 2021 @6:19 PM

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Sainsbury’s joins the smart set with checkout-free trial in London
Supermarket teams up with Amazon to let customers shop without scanning items or visiting a till

Sarah Butler

16, Nov, 2021 @6:09 PM

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